Textor Family Foundation

Textor Family Foundation maintains strong assets with zero executive compensation despite recent operational deficit.

EIN: 133637703 · Locust Valley, NY · Updated: 2026-03-28

$3.3MRevenue
$10.2MAssets
90/100Mission Score (Excellent)

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Textor Family Foundation is mapped to EIN 133637703.

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Textor Family Foundation Financial Summary
MetricValue
Total Revenue$3.3M
Total Expenses$2.2M
Program Spending90%
CEO/Top Officer Pay$0
Net Assets$9.5M
Transparency Score90/100

Search Intent Cockpit

Textor Family Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Textor Family Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Textor Family Foundation in one place.

Form 990 Filing Summary

9 filing years are available, with latest revenue of $1.6M and expenses of $2.2M.

Revenue and Expenses

Textor Family Foundation reported $1.6M in revenue and $2.2M in expenses, a deficit of $640K.

Executive Compensation

Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

90/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Textor Family Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
9Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Textor Family Foundation Expense Deployment
Program services$2.0M (90%)

Across stored filings, Textor Family Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Textor Family Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade B9 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and category context

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Textor Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Textor Family Foundation

Textor Family Foundation (EIN: 133637703) is a nonprofit organization based in Locust Valley, NY. The organization reported total revenue of $3.3M and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Textor Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

34Years Operating
Mid-SizeSize Classification
9Years of Filings
MixedRevenue Trajectory

Textor Family Foundation is a mid-size nonprofit that has been operating for 34 years, with 9 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -7.5%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$1.6M
Total Expenses$2.2M
Surplus / Deficit$-639,738
Total Assets$9.5M
Total Liabilities$1
Net Assets$9.5M
Operating Margin-40.3%
Debt-to-Asset Ratio0.0%
Months of Reserves51.5 months

Financial Health Grade: B

In 2024, Textor Family Foundation reported a deficit of $640K with expenses exceeding revenue, holds 51.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 9 years of filings (2012–2024), Textor Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.

YearRevenue ChangeExpense ChangeAsset Change
2024-12.5%+70.9%-1.6%
2023-2.2%+17.5%+3.0%
2022+48.4%+28.2%+6.2%
2021-13.8%-20.2%-0.9%
2020+52.6%+8.3%+4.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1992

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Textor Family Foundation demonstrates consistent financial activity over the past decade, with revenues fluctuating but generally maintaining a healthy asset base. In the latest reported period (202405), the foundation reported revenues of $1,587,459 against expenses of $2,227,197, indicating a deficit for that year. However, its assets remain robust at $9,549,572, suggesting a strong endowment or investment strategy that can absorb periodic operational deficits. The foundation consistently reports zero officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. Spending efficiency appears to be high given the zero officer compensation. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess efficiency beyond the executive compensation aspect. However, the consistent asset growth and the absence of liabilities (reported as $1 in recent years, effectively zero) point to sound financial management. Transparency is excellent regarding executive compensation, as it consistently reports $0. The foundation's consistent filing of IRS Form 990s over nine periods also contributes to its transparency, allowing public scrutiny of its financial activities. The lack of an NTEE code, however, makes it difficult to benchmark its activities against similar organizations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Textor Family Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Textor Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$1.6MTotal Revenue
$2.2MTotal Expenses
$9.5MTotal Assets
$1Total Liabilities
$9.5MNet Assets
  • The organization reported a deficit of $640K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as $0 across all available filings, indicating that no officers or directors receive salaries from the foundation, which is highly commendable for a foundation of its size with assets over $9 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Textor Family Foundation's IRS 990 filings:

  • NTEE code is unknown, making it difficult to understand the specific focus of the foundation's charitable activities.

Strengths

The following positive indicators were identified for Textor Family Foundation:

  • Consistent zero officer compensation, indicating high efficiency in directing funds to mission.
  • Strong and growing asset base, providing financial stability (e.g., $9,549,572 in 202405).
  • No significant liabilities reported across all filing periods.
  • Consistent IRS 990 filing history, demonstrating good governance and transparency.

Frequently Asked Questions about Textor Family Foundation

Is Textor Family Foundation a legitimate charity?

Textor Family Foundation (EIN: 133637703) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 9 years of IRS 990 filings on record. Total revenue: $3.3M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Textor Family Foundation spend its money?

Textor Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Textor Family Foundation tax-deductible?

Textor Family Foundation is registered as a tax-exempt nonprofit (EIN: 133637703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Textor Family Foundation CEO make?

Textor Family Foundation's highest-compensated officer earns $0 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

Where is Textor Family Foundation located?

Textor Family Foundation is headquartered in Locust Valley, New York and files with the IRS under EIN 133637703.

How many years of IRS 990 filings does Textor Family Foundation have?

Textor Family Foundation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.3M in total revenue.

What is the Textor Family Foundation's primary mission or program area?

Based on the provided data, the NTEE code is unknown, making it difficult to ascertain the specific mission or program areas the Textor Family Foundation supports. Further investigation into their 990 filings (Part III, Statement of Program Service Accomplishments) would be necessary.

How does the foundation cover its expenses when revenue is less than expenses, as seen in 202405?

In periods where expenses exceed revenue (e.g., 202405 with $1,587,459 revenue and $2,227,197 expenses), the foundation likely draws from its substantial asset base, which stood at $9,549,572 in 202405, or from investment returns not classified as direct revenue.

What is the trend in the foundation's asset growth?

The foundation's assets have shown a general upward trend, growing from $8,954,284 in 201205 to $9,549,572 in 202405, indicating prudent financial management and growth over the long term.

Filing History

IRS 990 filing history for Textor Family Foundation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2012–2024), Textor Family Foundation's revenue has declined by 60.9%, moving from $4.1M to $1.6M. Total assets increased by 6.6% over the same period, from $9.0M to $9.5M. Total functional expenses fell by 25.8%, from $3.0M to $2.2M. In its most recent filing year (2024), Textor Family Foundation reported a deficit of $640K, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $1.6M $2.2M $9.5M $1 View 990
2023 $1.8M $1.3M $9.7M $1 View 990
2022 $1.9M $1.1M $9.4M $1 View 990
2021 $1.3M $865K $8.9M $1 View 990
2020 $1.5M $1.1M $9.0M $1 View 990
2015 $950K $1.0M $8.6M $0 View 990
2014 $2.2M $948K $9.0M $0 View 990
2013 $3.3M $3.0M $8.5M $0 View 990
2012 $4.1M $3.0M $9.0M $0 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $1.6M, expenses of $2.2M, and assets of $9.5M (revenue -12.5% year-over-year).
  • 2023: Revenue of $1.8M, expenses of $1.3M, and assets of $9.7M (revenue -2.2% year-over-year).
  • 2022: Revenue of $1.9M, expenses of $1.1M, and assets of $9.4M (revenue +48.4% year-over-year).
  • 2021: Revenue of $1.3M, expenses of $865K, and assets of $8.9M (revenue -13.8% year-over-year).
  • 2020: Revenue of $1.5M, expenses of $1.1M, and assets of $9.0M (revenue +52.6% year-over-year).
  • 2015: Revenue of $950K, expenses of $1.0M, and assets of $8.6M (revenue -57.5% year-over-year).
  • 2014: Revenue of $2.2M, expenses of $948K, and assets of $9.0M (revenue -32.0% year-over-year).
  • 2013: Revenue of $3.3M, expenses of $3.0M, and assets of $8.5M (revenue -18.9% year-over-year).
  • 2012: Revenue of $4.1M, expenses of $3.0M, and assets of $9.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Textor Family Foundation:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Textor Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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